Workhorse (WKHS) Enterprise Value (2010 - 2025)

Workhorse (WKHS) posted quarterly Enterprise Value of -$12.9 million for Q4 2025, down 94.9% YoY from -$253.4 million in Q4 2024, and down 1.73% sequentially from -$12.7 million in Q3 2025.

Workhorse (WKHS) Enterprise Value (2010 - 2025) Analysis & Trends

Workhorse has disclosed Enterprise Value across 16 years of filings, most recently posting -$12.9 million for Q4 2025.

  • In Q4 2025, Enterprise Value fell 94.9% year-over-year to -$12.9 million; the TTM figure through Dec 2025 stood at -$12.9 million (down 94.9% YoY), while the FY2025 annual figure was -$12.9 million, down 94.9% from the prior year.
  • Enterprise Value declined to -$12.9 million in Q4 2025, from -$12.7 million in the prior quarter.
  • Over the last five years, Enterprise Value for WKHS reached as high as -$2.2 million in Q2 2025 and fell as low as -$399.0 million in Q1 2021.
  • The 5-year median for Enterprise Value is -$50.6 million (2023), against an average of -$97.7 million.
  • Annual changes were most pronounced in 2021 — Enterprise Value plunged 2271.68% — and 2024, when it surged 91.66%.
  • A 5-year view of Enterprise Value shows it stood at -$201.6 million in 2021, then surged by 50.77% to -$99.3 million in 2022, then soared by 73.97% to -$25.8 million in 2023, then soared by 74.35% to -$6.6 million in 2024, then slumped by 94.9% to -$12.9 million in 2025.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$12.9 million, -$12.7 million, and -$2.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn -44.69 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn -30.46 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn -22.38 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -2.54 Bn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn -4.80 Bn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -13.36 Bn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn -3.11 Bn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn 83,630.14 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -700.36 Mn
10 Workhorse 27.86 Mn 27.86 Mn 10.06 Mn -12.92 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -12.92 Mn
Sep 30, 2025 -12.70 Mn
Jun 30, 2025 -2.19 Mn
Mar 31, 2025 -2.60 Mn
Dec 31, 2024 -6.63 Mn
Sep 30, 2024 -3.24 Mn
Jun 30, 2024 -5.30 Mn
Mar 31, 2024 -6.70 Mn
Dec 31, 2023 -25.85 Mn
Sep 30, 2023 -38.90 Mn
Jun 30, 2023 -62.38 Mn
Mar 31, 2023 -79.10 Mn
Dec 31, 2022 -99.28 Mn
Sep 30, 2022 -120.12 Mn
Jun 30, 2022 -140.06 Mn
Mar 31, 2022 -167.05 Mn
Dec 31, 2021 -201.65 Mn
Sep 30, 2021 -230.42 Mn
Jun 30, 2021 -338.86 Mn
Mar 31, 2021 -399.03 Mn